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Green Technology Metals (ASX:GT1) Tangible Book per Share : A$0.27 (As of Dec. 2024)


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What is Green Technology Metals Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Green Technology Metals's tangible book value per share for the quarter that ended in Dec. 2024 was A$0.27.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Green Technology Metals Tangible Book per Share Historical Data

The historical data trend for Green Technology Metals's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Green Technology Metals Tangible Book per Share Chart

Green Technology Metals Annual Data
Trend Jun22 Jun23 Jun24
Tangible Book per Share
0.32 0.35 0.30

Green Technology Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Tangible Book per Share Get a 7-Day Free Trial 0.30 0.35 0.31 0.30 0.27

Competitive Comparison of Green Technology Metals's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Green Technology Metals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Green Technology Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Green Technology Metals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Green Technology Metals's Price-to-Tangible-Book falls into.


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Green Technology Metals Tangible Book per Share Calculation

Green Technology Metals's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(95.133-0-0)/321.752
=0.30

Green Technology Metals's Tangible Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(104.438-0-0)/388.752
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Green Technology Metals  (ASX:GT1) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Green Technology Metals Tangible Book per Share Related Terms

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Green Technology Metals Business Description

Traded in Other Exchanges
Address
338 Barker Road, Level 1, Subiaco, Perth, WA, AUS, 6008
Green Technology Metals Ltd is an exploration and development company focused on the discovery and development of lithium projects. The company focuses on lithium projects namely Root Lake and Seymour Lake. The company has one reportable segment mineral exploration and development in Canada.

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